Telegram-herald., 1887-02-13
TRADE DOLLARS GOOD
The House Passes a Bill For
Their Redemption.
TIE P3SIafacE BILL PAsSES
Mails ArraoEea 20 All South snericaa
Countries talking Over ths Con
s1lar 3 Bli-A Protest Asa'nst
Increasing tt.s SALARY o. the
Aa......- -. seA.-

Increasing ta8 SALARY o. Tie
Niaistsr Il Chias.
Ws-HlseroA. Feb le immediately ST..
Ter ibe rfae.ae of he iaurns' Size Bae.e
desiaei tY a vote of ~ 10 lol g. csnsi.isf
lhe trade jolar biii. Mr. Lsnham. of
Texas representing the mi9or,y 81 the
CJlrase Committee. offered az am IA ment
providing tlst within si1 aaoatis after tie
D. ssaes oi tnls act trace dollars nu mn-
tllatee ~ defaoed stall be received al their
face value. aud that us'e doi3ars recei,es
bg the treasury. either in payment o. *
cnrn-e. shall be fccWneI into -fzrCAr8
silyer dollars, or subsidiary coin a, Tie
ppton ni he Secresary of the Treasury.
TIE difference betweea the bili of Tie nia-
'Orty ald the pro. OsiIion tor which ile
minority con ended he explained. wss ulat
t3e former irc udei tbe trade dollars in lhs
monthly purceses of silver, " bile tbe latter
prouosed ihAg the rscoinaec Of The trade
dollars should be entirely Independent ~
tie standard dollar coinage.
Mr.. Warner oi Ohio Offered an aMsnt-
ment. providing specifically that The recsil-
axe % the silver dollar shall not be consia-
eIed a. gari of me 81 yfT Dlll0n reql red
Ia he purchased monthly ard coined inlt
standard silver coiers. Ine uuiy ACT ot
Iepudlatio1. lie sid. az which The govern
meni hai teen suit. had been tae sef
TeFealing TIE legal tender qualities oi ile
iraae dollar anl he nas Ia favor ~ redeem
lne those dollars 40 matter IA whose hands
tney might ue. ar l2nham accepted Tie
amendment offered bv Mr. Warner anu
modified his own accordingly.
lhe Rmrudment as 30 mOliIcd was
agreed OH 10 80 8Ld the oils as 20
amended WAS pa, sfsi--l7I 10 56.
Is passed the bin provides ia It's irst Sc
ton tnat for a period ot six months after The
pa--sge OF his set, The tride dollars. IL not
deiaced muf'iated cor stamped. shall he r.
ceived al their face value in payment Oi all
dues To tbe United STATES. ami shall not
again he paid out or IN any other manner
issued.
Section >. provides that during the above
psiiot the holder oi 'rade dollars not mu'ii-
a'ed delaced or sfampei may receive ia ex-
change Oh presentation OF The same a. tie
treasury or any sub-seasury alike amount
and value, dollar for dollar, IA standard
silver dollars. or in subsidiary silver coined
at The option of the holder
Section g. directs that the trade dollars re-
ceived 10y ;be government in payment Df
dues or in exchange, shall not be paid out.
bat shall be rec0ined into standard SILVER
dollars OF subsidiary coin at the discretion
of the Secretary Of the Trtasnry; provided
that toe recoinage of trade dollars recOined
under this act shall not be- consiie ed as
part Of the silver bullion required TO BE- par
chased and coiDe1 into standard do lars As
required by the ACT of Feb p, ls7s
Section 4. repeals all laws authOTiz ng
ciuage ami issuance of trade doliars.-ED.l
The House ihen went into cOmmIitee OF
fhe whole on the Diplomatic and Consular
Appropriation bill
ar Burnes of Missouri. made point of
order against the provision increasing the
salary of the Minister - China from sl2,-
0D0 to 81, 800. The point of orier Was
sustained. a. was also point 81 order
against the provisions fixing the salaries Of
the Ministers 20 the Argentine Republic
and Turkey AZ $1,000.
Pending further action the Committee
rose and at ID the House adjourned,